Bangladesh Startup Ecosystem Update Q’3 2022

LightCastle Analytics Wing
November 7, 2022
Bangladesh Startup Ecosystem Update Q’3 2022

Post-pandemic recovery, the Russia-Ukraine war, harvesting and production challenges, and supply-chain disruptions are leading to economic downturns worldwide. This has brought slowdowns in startup investments worldwide, as funding declined by 34% in quarter 3 of 2022 compared to the previous quarter of the year. 

In Quarter 3 of 2022, Bangladeshi startups raised nearly USD 5 Mn over 16 deals. As global economic events lead to changing tides in startup funding worldwide, what trends are being observed in the Bangladesh startup funding landscape? What can founders do to navigate these changes? What insights do ecosystem experts and seasoned investors have to share?

Learn more about the quarterly startup investment trends in Bangladesh in the latest report, ‘Bangladesh Startup Ecosystem Quarterly Update Q’3 2022: Navigating Global Funding Undercurrents’, presented by LightCastle Partners, in collaboration with Startup Bangladesh Limited, Anchorless Bangladesh, Bangladesh Angels Network, and BD Startup Founders. 

This report is a follow-up to the annual Startup Ecosystem Report 2021-2022, published by LightCastle Partners earlier in July of this year also done in collaboration with the same group of partners. 

About our partners:

Startup Bangladesh Limited is the flagship venture capital fund of ICT Division and the first and only venture capital fund sponsored by the government of the People’s Republic of Bangladesh. 

Anchorless Bangladesh is a New York-based early stage venture capital fund dedicated to investing in critical businesses that empower Bangladesh’s socio-economic growth.

Bangladesh Angels Network is the country’s first angel investing platform, founded with a mission to elevate the country’s startup entrepreneurs to the highest level. 

BD Startup Founders Group is the leading startup community of Bangladesh that connects the prominent active startup founders and ecosystem builders in the country.

If you are interested to learn more about the Startup Ecosystem of Bangladesh Document download full report

WRITTEN BY: LightCastle Analytics Wing

At LightCastle, we take a data-driven approach to create opportunities for growth and impact. We consult and collaborate with development partners, the public sector, and private organizations to promote inclusive economic growth that positively changes the lives of people at scale. Being a data-driven and transparent organization, we believe in democratizing knowledge and information among the stakeholders of the economy to drive inclusive growth.

For further clarifications, contact here: [email protected]

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